Examlex
Reasons for sourcing globally include:
Say's Law
An economic theory proposing that the production of goods creates its own demand, attributed to the French economist Jean-Baptiste Say.
Recessions
Periods of economic decline lasting at least six months, characterized by decreases in GDP, employment, and consumer spending.
Monetarists
Economists who believe that changes in the money supply have major influences on national output in the short run and the price level over longer periods.
Economic Growth
An increase in the production of goods and services in an economy over a period of time, often measured by GDP.
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